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The Swamp

  • #40,061
  • Aug 26, 2019 1:21pm Aug 26, 2019 1:21pm
Quoting euroboy2208
{quote} Seems like NY close below 1.1100..asia will sell and europe will follow sell...test of ,1.1050-1.1060 again ..will look to buy there.
Asia will buy...mostly when NY sells through all hours, within a small range, asia buys it back.
Everyone can see the chart, but only a few can actually read it.
  • #40,062
  • Aug 26, 2019 1:43pm Aug 26, 2019 1:43pm
Quoting gatorinla
{quote} target 1.0846.x levels that may develop. A close below 1136 should help a drop. But it may return to 1148 again, once it makes it to -1047 {image}
the 4h support sits at 1098. This coming h is a day close. Its a 4H close too. -1136 for day, and -1098 look to be bearish.. atm pa is at 1099.. close in 17 min.

gu 2215 is similar for gu bears.
those who can, do. those who cant, talk about those who can
  • #40,063
  • Aug 26, 2019 2:04pm Aug 26, 2019 2:04pm
Quoting gatorinla
{quote} the 4h support sits at 1098. This coming h is a day close. Its a 4H close too. -1136 for day, and -1098 look to be bearish.. atm pa is at 1099.. close in 17 min. gu 2215 is similar for gu bears.
both look to be bearish.. I would sell any bounce ..maybe 2250 on gu, and 1128/29 on eu. for a pending. They may not bounce.
both are still bearish on the daily and up..
those who can, do. those who cant, talk about those who can
  • #40,064
  • Aug 26, 2019 2:08pm Aug 26, 2019 2:08pm
eu needs to close a 4h below 1061 to go deeper. gu the same with 2120
those who can, do. those who cant, talk about those who can
  • #40,065
  • Aug 26, 2019 6:10pm Aug 26, 2019 6:10pm
Quoting gatorinla
{quote} both look to be bearish.. I would sell any bounce ..maybe 2250 on gu, and 1128/29 on eu. for a pending. They may not bounce. both are still bearish on the daily and up..
that bounce on gu got a little harder last close. Some R now 2222/28
those who can, do. those who cant, talk about those who can
  • #40,066
  • Aug 26, 2019 9:34pm Aug 26, 2019 9:34pm
Quoting gatorinla
{quote} that bounce on gu got a little harder last close. Some R now 2222/28
Same Scenario like last week

Buy GU -
Short EU/EG
SHort SPX
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,067
  • Edited 10:13pm Aug 26, 2019 9:56pm | Edited 10:13pm
Just a friendly reminder. Tariffs set in end of this week.
I'm assuming trump lied about his 2 productive phone calls yesterday.
It is unlikely china will be the first to cave in either since they are tyring to put up a tough front.
So just be prepared to see the market slowly do what they did on friday last week
Attached Image
  • #40,068
  • Aug 26, 2019 10:02pm Aug 26, 2019 10:02pm
Inserted Video
very informative stuff with regard to current situation
sell strength in falling markets, and buy weakness in rising markets.
  • #40,069
  • Aug 26, 2019 10:08pm Aug 26, 2019 10:08pm
Quoting DMA Trader
{quote} Same Scenario like last week Buy GU - Short EU/EG SHort SPX
Any particular reason your long gu? Got a chart?
those who can, do. those who cant, talk about those who can
  • #40,070
  • Aug 26, 2019 10:26pm Aug 26, 2019 10:26pm
Quoting gatorinla
{quote} Any particular reason your long gu? Got a chart?
support at 1.1218 - 1.22 area - was the last resistance - will post a chart a little bit later.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,071
  • Aug 26, 2019 10:42pm Aug 26, 2019 10:42pm
Quoting gatorinla
{quote} Any particular reason your long gu? Got a chart?
So
on H4 we have higher highs and higher lows
this area is acting like support used to be resistance -
until i see a clear break of 1.218 i will try long -

but
will reduce position as it goes higher until it's a clear signal that the bull move continue.
So i will exit in fraction as we go up to 1.23
Attached Image (click to enlarge)
Click to Enlarge Name: GU27aug.jpeg Size: 204 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,072
  • Aug 26, 2019 10:46pm Aug 26, 2019 10:46pm
Quoting DMA Trader
{quote} So on H4 we have higher highs and higher lows this area is acting like support used to be resistance - until i see a clear break of 1.218 i will try long - but will reduce position as it goes higher until it's a clear signal that the bull move continue. So i will exit in fraction as we go up to 1.23 {image}
an hourly close above 1.223 would make me thing that i can wait with the position and not close it incremental maybe even add to the position above 1.223
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,073
  • Aug 26, 2019 11:21pm Aug 26, 2019 11:21pm
Quoting DMA Trader
{quote} Same Scenario like last week Buy GU - Short EU/EG SHort SPX
So GU area 1h 1.223 was rejected - 1H is not turning bullish yet. so either reduce expocere and wait. i am not sure short is working until we clear 1.218 area
EU Short is working - EG short depends on Gu will probably only depend on GBP
SPX close a little bit of short will let the other one go and close in tsl
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,074
  • Aug 27, 2019 12:57am Aug 27, 2019 12:57am
The significant option expiries I see are all to the upside. Makes me want to wait and not even short the daily pivot (1116). Let's see what Boulder has for option expiries today.
  • #40,075
  • Aug 27, 2019 1:12am Aug 27, 2019 1:12am
Quoting Mitiblotch
The significant option expiries I see are all to the upside. Makes me want to wait and not even short the daily pivot (1116). Let's see what Boulder has for option expiries today.
EUR/USD

  1. 1.1000 504m EUR
  2. 1.1155 507m
  3. 1.1175 746m
  4. 1.1185 547m
  5. 1.1200 647m

USD/JPY

  1. 105.00 1.1bn USD
  2. 106.00 1.2bn
  3. 106.25 370m
  4. 107.00 469m

USD/CAD

  1. 1.3200 1.3bn USD

sell strength in falling markets, and buy weakness in rising markets.
  • #40,076
  • Aug 27, 2019 1:18am Aug 27, 2019 1:18am
Quoting htcone
{quote} EUR/USD 1.1000 504m EUR 1.1155 507m 1.1175 746m 1.1185 547m 1.1200 647m USD/JPY 105.00 1.1bn USD 106.00 1.2bn 106.25 370m 107.00 469m USD/CAD 1.3200 1.3bn USD
Thank you. I have seen these.
  • #40,077
  • Aug 27, 2019 1:23am Aug 27, 2019 1:23am
Quoting DMA Trader
{quote} So GU area 1h 1.223 was rejected - 1H is not turning bullish yet. so either reduce expocere and wait. i am not sure short is working until we clear 1.218 area EU Short is working - EG short depends on Gu will probably only depend on GBP SPX close a little bit of short will let the other one go and close in tsl
GU can go to 1.23 has to stay above 1.223
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,078
  • Aug 27, 2019 1:36am Aug 27, 2019 1:36am
London open at 1105 but failed to push the price up from the 50% retracement level of last move up...
Also Italy coalition talk fails...
Attached Image (click to enlarge)
Click to Enlarge Name: eur.png Size: 46 KB
sell strength in falling markets, and buy weakness in rising markets.
  • #40,079
  • Aug 27, 2019 2:01am Aug 27, 2019 2:01am
Quoting gatorinla
{quote} both look to be bearish.. I would sell any bounce ..maybe 2250 on gu, and 1128/29 on eu. for a pending. They may not bounce. both are still bearish on the daily and up..
Bounce is stronger on gu than I anticipated. 2261.7 looks to be be tested once more. 2261.7 is a day R, a ny close above would break it.

one broker shows 2261 another 2264.
those who can, do. those who cant, talk about those who can
  • #40,080
  • Aug 27, 2019 2:15am Aug 27, 2019 2:15am
Quoting gatorinla
{quote} Bounce is stronger on gu than I anticipated. 2261.7 looks to be be tested once more. 2261.7 is a day R, a ny close above would break it. one broker shows 2261 another 2264.
i left a small position to add smaller position if retrace to 1.223 but i hate this PA.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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